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{"id":2922,"date":"2022-05-13T12:51:02","date_gmt":"2022-05-13T11:51:02","guid":{"rendered":"https:\/\/www.ecommerceaggregators.com\/?p=2922"},"modified":"2022-05-13T16:06:14","modified_gmt":"2022-05-13T15:06:14","slug":"inventory-software","status":"publish","type":"post","link":"https:\/\/www.ecommerceaggregators.com\/inventory-software\/","title":{"rendered":"Do You Want To Sell Your Amazon Business? Don’t Make This Mistake."},"content":{"rendered":"

Richard and I sat down for our weekly ‘cup of tea’ catch up last week.<\/p>\n

For more than two hours, we talked about all things eCommerce<\/a>, FBA, Shopify, DTC, and – of course – Amazon aggregators<\/a>.<\/p>\n

The conversation, as always, turned to our many and varied video calls with Amazon sellers over the previous 7 days.<\/p>\n

From this, we concluded two things.<\/p>\n

Firstly:<\/p>\n

Connecting to so many like-minded individuals continues to be our single most favourite aspect of this business.<\/p>\n

Secondly:<\/p>\n

A very clear trend is now developing between the type of businesses that attracts Amazon aggregators<\/a>, and the ones that the vast majority of buyers pass on.<\/p>\n

This leads me to the purpose of today’s blog post.<\/p>\n

Don’t run out of stock<\/h3>\n

Let\u2019s face it.<\/p>\n

Moving inventory around the globe has been particularly challenging this year.<\/p>\n

And if you’re still playing catch up from those heinous Amazon restock limits<\/a> from 2021, you are not alone.<\/p>\n

But here’s the deal.<\/p>\n

If you want to sell your Amazon business<\/a> in 2022 and, more importantly, achieve the maximum valuation, you absolutely must<\/em> get a handle on your stock.<\/p>\n

Let me explain:<\/p>\n

Since the beginning of January, nearly 400 Amazon FBA and Shopify sellers have contacted us through this website.<\/p>\n

Of the 400 businesses, 10% were under the revenue and \/ or margin thresholds required by Amazon aggregators<\/a>.<\/p>\n

And the rest?<\/p>\n

70% were rejected in the first round.<\/p>\n

Of this 70%, at least half were<\/em> extremely attractive businesses but for one thing.<\/p>\n

Most, if not all, of the brand’s top-selling ASINs were consistently<\/span> out of stock.<\/p>\n

The financials, as a direct result, just didn’t hit the mark.<\/p>\n

Get some perspective<\/h3>\n

Now I know what you’re thinking.<\/p>\n

‘Not running out of stock’ is easier said than done.<\/p>\n

And of course:<\/p>\n

When you’re deep in the Amazon trenches, dealing with a myriad of daily headaches, it is hard to gain perspective.<\/p>\n

But there is an answer.<\/p>\n

One that does not involve more inventory spreadsheets which, in our experience, have been the downfall of many of the sellers we have spoken to.<\/p>\n

The solution?<\/p>\n

Inventory software<\/h3>\n

It sounds simple. And it is.<\/p>\n

You see:<\/p>\n

Over the course of our 8 long years running an Amazon business<\/a>, Richard and I subscribed to countless tools, software, and professional services.<\/p>\n

Yet when it came to managing inventory, we both went down the rabbit hole of bespoke spreadsheets.<\/p>\n

Wasting thousands of revenue in the process.<\/p>\n

And so:<\/p>\n

With the benefit of our shared experience, I make just one recommendation for you.<\/p>\n

Before closing down your computer today, consider taking a few hours out to research inventory software.<\/p>\n

Why?<\/p>\n

Because moving over to a more automated stock control could make or break your Amazon business this year.<\/p>\n

In fact:<\/p>\n

Amazon aggregators love it when you’re seen to be proactive with process improvements.<\/p>\n

Particularly when they directly benefit the bottom line.<\/p>\n

Our recommendation<\/h3>\n

Take action today, and stop the rot of zero inventory.<\/p>\n

Oh, and if you’re feeling lazy and don’t have the time to research, our favourite inventory management tool is RestockPro<\/a> (no financial affiliation!).<\/p>\n

Like its sister software – and original gangster – FeedbackFive, RestockPro kicks butt when it comes to helping you run your Amazon business.<\/p>\n

Both products featured prominently in the success of our own FBA businesses and come thoroughly recommended.<\/p>\n

Right, that\u2019s it for another week.<\/p>\n

Here’s to a productive Friday.<\/p>\n


\n

Further reading:<\/h3>\n

This website was created by ex-Amazon sellers, Martin Smith and Richard Turnbull.<\/p>\n

To learn about our story, our private label FBA brands, and our first-hand experience selling to Amazon aggregators, click here<\/a>.<\/p>\n

You may also wish to check out our 2022 Definitive Guide to Amazon Aggregators<\/a>.<\/p>\n

Written for FBA sellers, this simple, easy to follow document takes less than 5 minutes to read and represents the culmination of over 100 hours of research into the Amazon aggregator space. To access the guide today,\u00a0click this link<\/a>.<\/p>\n\n

\n\n\t\t\n